SWINK -F-

Operated by CRESCENT EXPLORATION, LLC (P-5 189446) in the HORIZON (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3937District 10Field 42597332NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.1 M
Jan 1993 – Jan 2012
Value, last 12 filed months
$49 k
at the published price for each month
Months reported
229
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 172 leases and 292 wells, and the rule below applies to all of them.

Discovered
1957-09-19
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1958-06-01.

The Commission's schedule remark for this field reads: PETRO (CLEVELAND) FLD 68735120 EFC 5/1/11

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA2none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition22,171 bbl$694,635
Casinghead gasProduction124,155 Mcf$440,112
Total$1,134,747

36,161 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (2)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 36.1223, -100.9559. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

36.12235, -100.95591 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
2 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
7,083 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

Between 7,015 and 7,150 ft, median 7,083 ft, over the 2 wells that filed a depth.

Completions filed
Sep 1974 – Jan 1976
2 of 2 wells

2 wells

42-3573034527,015 ftJan 1976Yes
42-3573024517,150 ftSep 1974Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (229)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

229 months

Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 2011145523105.964.33$17,631
Mar 201118867496.364.06$20,850
Feb 20119855085.644.18$10,692
Jan 201111368286.504.59$12,904
Dec 201015570585.734.35$16,353
Nov 201015771180.843.80$15,390
Oct 20103993778.103.51$6,334
Sep 20103940772.633.98$4,452
Aug 2010044273.684.42$1,953
Jul 20103865972.554.74$5,878
Jun 2010078670.364.91$3,860
May 20109480571.124.24$10,095
Apr 20103849481.694.12$5,141
Mar 20103826478.394.39$4,137
Feb 2010036573.585.44$1,986
Jan 20103443874.365.96$5,141
Dec 20099631571.445.48$8,586
Nov 2009011474.593.75$428
Oct 20097610272.544.11$5,932
Sep 200910725665.543.06$7,797
Aug 20095536167.423.22$4,870
Jul 20095847761.133.46$5,198
Jun 200911883566.163.90$11,059
May 200913832654.743.93$8,834
Apr 2009103846.773.59$604
Mar 20091888642.144.06$8,271
Feb 20097647932.814.63$4,713
Jan 20092841435.865.37$3,228
Dec 2008039437.105.98$2,355
Nov 20081934555.496.86$3,421
Oct 20083932475.246.92$5,177
Sep 20080422101.767.88$3,324
Aug 20080425114.228.48$3,605
Jul 200859502131.0811.39$13,451
Jun 200840296131.3313.03$9,111
May 20080288123.1711.57$3,333
Apr 2008100459110.3110.45$15,830
Mar 200849470101.909.66$9,535
Feb 20086047892.538.77$9,744
Jan 2008048490.388.21$3,972
Dec 20077864288.337.30$11,578
Nov 20077931091.677.29$9,502
Oct 200774082.856.92$6,131
Sep 2007040775.846.24$2,541
Aug 20077949369.066.39$8,605
Jul 2007194470.906.39$13,780
Jun 200701662.007.55$121
May 20075949458.747.85$7,342
Apr 200718124159.617.81$12,670
Mar 20078051756.927.30$8,329
Feb 2007029155.108.22$2,391
Jan 2007034550.306.73$2,321
Dec 200611539256.656.92$9,227
Nov 20064044954.207.62$5,588
Oct 20061947554.906.01$3,900
Sep 200611149460.085.04$9,157
Aug 200616853268.717.34$15,448
Jul 2006060869.376.34$3,856
Jun 200623470166.286.38$19,985
May 200610076466.016.42$11,510
Apr 20064980964.397.36$9,110
Mar 2006991,04256.707.08$12,994
Feb 20062022357.597.75$2,880
Jan 20062028560.598.93$3,758
Dec 20053942654.9413.42$7,858
Nov 20055951254.6910.59$8,648
Oct 20054968958.3413.80$12,364
Sep 20059925961.4512.08$9,212
Aug 2005037361.519.80$3,654
Jul 2005053455.697.84$4,189
Jun 20053941252.337.38$5,082
May 200517634445.226.65$10,247
Apr 20057034549.207.36$5,983
Mar 200515062450.377.15$12,020
Feb 2005061445.226.31$3,876
Jan 200512272743.166.32$9,862
Dec 200414475239.866.75$10,817
Nov 20044448745.286.33$5,075
Oct 200410358549.706.52$8,930
Sep 20045651443.245.28$5,137
Aug 20043963642.375.55$5,183
Jul 20043954738.286.08$4,821
Jun 20044851836.106.43$5,065
May 20049754737.486.49$7,188
Apr 200411865834.475.86$7,922
Mar 20045049134.365.53$4,433
Feb 20045049332.455.51$4,339
Jan 20047853332.036.30$5,856
Dec 20039751030.266.30$6,149
Nov 20033862928.804.60$3,985
Oct 20034957028.174.76$4,093
Sep 200315869326.314.75$7,448
Aug 20034974129.765.13$5,259
Jul 20039575229.415.17$6,682
Jun 20036056628.565.98$5,100
May 200313961726.595.97$7,381
Apr 20034270326.675.41$4,921
Mar 20034164431.146.10$5,203
Feb 20036062233.487.93$6,939
Jan 20033170030.315.58$4,847
Dec 20025063926.914.85$4,447
Nov 20025061524.664.14$3,777
Oct 20028770026.464.23$5,262
Sep 200211760127.443.64$5,395
Aug 200211663525.963.16$5,021
Jul 20025971224.583.06$3,630
Jun 200217971523.733.34$6,635
May 20024974824.663.58$3,889
Apr 200213973623.653.51$5,872
Mar 200217774622.003.10$6,209
Feb 2002058318.222.38$1,385
Jan 20029773417.172.38$3,409
Dec 200112275316.932.36$3,846
Nov 20014874018.072.41$2,647
Oct 20016279419.782.53$3,234
Sep 200116579924.262.25$5,802
Aug 200111587524.873.05$5,532
Jul 200119792823.933.20$7,681
Jun 20019578024.563.82$5,316
May 2001070525.524.31$3,037
Apr 200113769024.685.34$7,063
Mar 20014055124.545.38$3,944
Feb 20017950427.755.77$5,099
Jan 20013946427.478.40$4,968
Dec 20002842026.889.12$4,584
Nov 20005057832.215.66$4,881
Oct 20005065031.235.15$4,906
Sep 20009766131.875.19$6,520
Aug 20005871829.644.54$4,979
Jul 200013766428.534.09$6,624
Jun 200019197629.304.40$9,888
May 200014991327.263.68$7,421
Apr 20006548324.513.12$3,098
Mar 20004853028.422.86$2,880
Feb 20002651127.622.73$2,111
Jan 200014552925.272.48$4,976
Dec 1999051224.282.42$1,241
Nov 19996067723.192.43$3,039
Oct 199923078220.982.80$7,018
Sep 19997676921.752.62$3,667
Aug 199921580519.262.88$6,456
Jul 199917080117.892.37$4,942
Jun 199913780815.942.36$4,092
May 19999046015.792.32$2,489
Apr 199910773815.102.21$3,245
Mar 199912364312.471.84$2,716
Feb 199913709.981.82$1,367
Jan 19993913310.381.90$658
Dec 199805259.201.77$931
Nov 19986517710.892.19$1,095
Oct 199820852112.421.97$3,609
Sep 199810835412.592.08$2,097
Aug 199815834511.301.91$2,443
Jul 199811920211.742.24$1,849
Jun 19988623111.242.24$1,483
May 199822430712.622.21$3,504
Apr 199813639813.042.51$2,771
Mar 199825336612.802.31$4,084
Feb 199818044113.952.30$3,525
Jan 19985329114.702.15$1,406
Dec 199717049716.322.41$3,973
Nov 199714444918.193.09$4,006
Oct 199713956219.253.15$4,446
Sep 199716145717.742.95$4,207
Aug 1997170017.862.55$3,036
Jul 199713532117.582.25$3,095
Jun 199713344017.242.26$3,286
May 199717353518.972.31$4,517
Apr 1997110017.882.08$1,967
Mar 1997129418.951.94$2,452
Feb 1997921420.492.21$1,916
Jan 19971931623.483.54$4,588
Dec 19961334623.32$3,102
Nov 199611471021.97$2,505
Oct 199611581423.31$2,681
Sep 19968768722.22$1,933
Aug 199623484720.26$4,741
Jul 199612876619.55$2,502
Jun 19966676718.73$1,236
May 199611573619.43$2,234
Apr 199623776521.51$5,098
Mar 199614876619.38$2,868
Feb 199617616216.98$2,988
Jan 199614740217.07$2,509
Dec 199514173517.19$2,424
Nov 199512077816.00$1,920
Oct 199518781915.43$2,885
Sep 199522781716.18$3,673
Aug 199512984015.92$2,054
Jul 199510786515.24$1,631
Jun 199519280616.41$3,151
May 199514883817.56$2,599
Apr 19958379817.73$1,472
Mar 199518383616.44$3,009
Feb 199516475016.58$2,719
Jan 19959081815.92$1,433
Dec 199423981515.03$3,592
Nov 199410975515.90$1,733
Oct 199415978315.58$2,477
Sep 199412180815.29$1,850
Aug 199418883616.13$3,032
Jul 199416185217.56$2,827
Jun 199412198317.09$2,068
May 199420778015.88$3,287
Apr 199415278414.14$2,149
Mar 199421887312.46$2,716
Feb 19947268012.50$900
Jan 199419584112.66$2,469
Dec 199321783212.33$2,676
Nov 199318279414.49$2,637
Oct 199310179815.85$1,601
Sep 199315982515.03$2,390
Aug 199316487915.66$2,568
Jul 199316787815.46$2,582
Jun 199317683516.79$2,955
May 199313887517.68$2,440
Apr 199315584018.05$2,798
Mar 199317866118.14$3,229
Feb 199320943217.90$3,741
Jan 199310755416.93$1,812

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Apr 2011 — as filed, then multipliedworked
Oil                  145 bbl  × $105.96 =    $15,364
Casinghead gas       523 Mcf  × $  4.33 =     $2,266

────────────────────────────────────────────────────
Month total                                  $17,631

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 10/O/3937 is the state's own key, not one this site invented.